Market Evening Wrap 22nd Jan. 2021

The Benchmark KSE100 index opened at 45,993.23pts with a gap of 8.77pts. Later on index posted a high of 46,116.85pts where a net change of 132.39pts was recorded. While a day low of 45,690.50pts with net change of -293.96pts was witnessed during the day. While session suspended at 45,868.04pts with net change of -116.42pts.

Trading volume at PSX floor settled at 430.50 million shares with net change of -175.87 million shares or -29.00% on DoD basis. While trading volume of KSE100 listed companies also settled at 236.25 million shares with net change of -97.10 million shares or -29.13%. KEL, FFL and ICIBL remained top three volume leaders with net trading volume of 54.06, 24.68 and 23.73 and net price change of -3.29, 0.26 and 28.04 percent respectively.

Today, 365 companies participated in trading at PSX floor, 133 out of these closed with net positive price change, while 17 companies closed with no change but 215 companies closed with net negative price change at day end. RMPL, ICI and WYETH lead the price gainers with net price change of 411.00, 17.03 and 17.00 Pkr/share respectively. While on the other side MARI, PKGS and MTL remained top three price losers with net price change of -23.52, -11.89 and -10.53 Pkr/share respectively.c

Today POWER GENERATION & DISTRIBUTION, TECHNOLOGY & COMMUNICATION and Investment sectors remained top three volume leading sectors with net trading volume of 63.40, 54.25 and 38.66 million shares respectively. COMMERCIAL BANKS, ENGINEERING and TEXTILE COMPOSITE sectors have supported index by adding 12.47, 10.04 and 9.69 points, while on the other side OIL & GAS EXPLORATION COMPANIES, FERTILIZER and OIL & GAS MARKETING COMPANIES sectors have dragged index towards negative zone by -40.71, -17.92 and -13.28 points respectively.